Finance Headlines Morocco

Morocco turns to taxes to cut deficit

Morocco plans to increase the budget for health, education and social safety nets next year but expects the budget deficit to be reduced thanks to an increase in tax revenue, reads the 2023 draft budget. The budget plans to increase in the next four years taxes on companies exceeding 100 million dirhams in annual profits. […]

Europe Headlines International Morocco

Morocco, Germany to bolster cooperation in counterterrorism, cross-border extremism

Morocco and Germany have agreed to strengthen their operational cooperation in the fight against terrorism and cross-border extremism, in addition to cross-border and organized crime. According to a statement released by Morocco’s National Police (DGSN), following a joint security committee meeting, the scope of this cooperation also includes the fight against drug trafficking, illegal migration […]

Business Egypt Energy Headlines Morocco

Cairo-based Hassan Allam Holding mulls plans to invest $150m in Morocco

Egypt’s leading engineering, construction and infrastructure company, Hassan Allam Holding, is considering investing up to $150 million in renewable energy and seawater desalination, in Morocco, the company’s CEO Amr Allam told Asharq Business in an interview. “If we entered a partnership in a renewable energy plant with a capacity between 50 and 100 megawatts (MWs), […]

Headlines Morocco

Marrakech hosts World Social Security Forum Oct. 24-28

The World Social Security Forum (WSSF) will be held this October 24 to 28 in Marrakech, under the theme “Social Security for Resilient and Inclusive Societies”. The WSSF is considered the most important international event in the field of social security. The Forum, held every three years, convenes for the first time in Morocco, under […]

Columns Headlines International Morocco Opinions

African food crisis, Morocco comes to the rescue

The announcement by Morocco’s phosphates and fertilizers producer OCP to double its soil nutrient exports to Africa was a boon for a continent that bears the brunt of the surge in commodities prices due to the Russia-Ukraine war. OCP said last week it will bolster its fertilizers exports to Africa to 4 million tons in […]

Headlines Libya Morocco

Libyan factions’ leaders reach agreement in Rabat to implement Bouznika Dialogue results

Libyan factions’ leaders, namely President of the Libyan parliament Aguila Saleh and President of the Libyan High Council of State Khaled Al-Mishri held talks in Morocco in a bid to relaunch dialogue and find a political solution to end their country’s long-running dispute. The two officials’ meeting in Rabat highlighted Friday by agreement to implement […]

Business Headlines International Morocco

Morocco & Israel to step up cooperation in smart & green farming

Moroccan national institute of agronomy and Israel’s Volcani center of agricultural research have agreed to enhance cooperation, exchange experiences and know-how in farming and agricultural research. The agreement was sealed on the sidelines of the 1st international conference on food production technologies from the sea & the desert held from 18 to 20 October in […]

Finance Headlines International Morocco

Morocco Donates 25K Tons of Fertilizer for Senegalese Small Farmers

Morocco’s OCP has donated Senegal 25,000 tons of phosphate products for the benefit of Senegalese small farmers. The products were handed over, Thursday in Diamniadio, 30 km from Dakar, at a ceremony attended by the Senegalese Minister of Agriculture, Rural Equipment and Food Sovereignty, Aly Ngouille Ndiaye, Director of OCP’s subsidiary in West Africa, Mohamed […]

Headlines Morocco

Morocco appointed co-facilitator of UN Declaration on Pandemic Prevention, Preparedness & Response

Morocco, in the person of its Permanent Representative to the United Nations, Omar Hilale, has been appointed by President of the UN General Assembly, Csaba Kőrösi, to co-facilitate, with Israeli peer Gilad Erdan, the first-ever UN process of negotiation of the political declaration that will crown the high-level meeting of the General Assembly on the […]

Africa Headlines International Maghreb Morocco

South Africa’s gesticulations & agitations around Moroccan Sahara reflect its inability to act – FM

South Africa’s “gesticulations” and “agitations” around the Moroccan Sahara reflect its “inability to act on the case,” said Moroccan Foreign Minister Nasser Bourita. “Rolling out a rag or a red carpet does not alter the case, but rather expresses inability to influence,” said Bourita at a press briefing in Rabat Thursday after his meeting with […]